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Coventry Resources Limited (ASX:CVY) Cyclically Adjusted Price-to-FCF : (As of May. 22, 2024)


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What is Coventry Resources Limited Cyclically Adjusted Price-to-FCF?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted Price-to-FCF for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Coventry Resources Limited Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Coventry Resources Limited's Cyclically Adjusted Price-to-FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Coventry Resources Limited Cyclically Adjusted Price-to-FCF Chart

Coventry Resources Limited Annual Data
Trend Jun03 Jun04 Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12
Cyclically Adjusted Price-to-FCF
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Coventry Resources Limited Quarterly Data
Cyclically Adjusted Price-to-FCF

Competitive Comparison of Coventry Resources Limited's Cyclically Adjusted Price-to-FCF

For the Gold subindustry, Coventry Resources Limited's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Coventry Resources Limited's Cyclically Adjusted Price-to-FCF Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Coventry Resources Limited's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Coventry Resources Limited's Cyclically Adjusted Price-to-FCF falls into.



Coventry Resources Limited Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Coventry Resources Limited's Cyclically Adjusted FCF per Share for the fiscal year that ended in Jun12 is calculated as:

For example, Coventry Resources Limited's adjusted Free Cash Flow per Share data for the fiscal year that ended in Jun12 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun12 (Change)*Current CPI (Jun12)
=-0.012/93.2436*93.2436
=-0.012

Current CPI (Jun12) = 93.2436.

Coventry Resources Limited Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200306 -0.177 72.997 -0.226
200406 0.117 74.855 0.146
200506 -0.159 76.712 -0.193
200606 -0.178 79.777 -0.208
200706 -0.302 81.449 -0.346
200806 0.042 85.071 0.046
200906 -0.002 86.278 -0.002
201006 -0.023 88.971 -0.024
201106 -0.007 92.129 -0.007
201206 -0.012 93.244 -0.012

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Coventry Resources Limited  (ASX:CVY) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Coventry Resources Limited Cyclically Adjusted Price-to-FCF Related Terms

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Coventry Resources Limited (ASX:CVY) Business Description

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